2825 ParkwayPigeon Forge, TN 37863

Property Details for 2825 Parkway

Year built

1983

Lot size

2.34 AC

Property size (Sq ft)

73,448 SF

Property type

Hospitality properties

Property subtype

Hotels

Description

This exceptional investment opportunity presents a fee-simple interest in the Americana, a Travelodge by Wyndham Pigeon Forge. This 4-story, 165-key hotel boasts 73,448 square feet and sits on a 2.34-acre lot in Sevier County, Tennessee, at 2825 Parkway, Pigeon Forge, 37863. Built in 1983, the property is zoned C-2 and features an exterior corridor, an outside pool, a covered terrace, and is pet-friendly. Ten additional rooms have been converted to non-guest use. The hotel benefits from a prime location on a major thoroughfare, experiencing high traffic counts due to its proximity to numerous restaurants, shopping, and entertainment venues within Pigeon Forge, a destination attracting 15 million annual visitors. The asking price is $16,500,000, translating to $224.65 per square foot. This property is part of a larger 350-room portfolio available for $44,000,000, offering potential for significant returns. The property's APN is 083N A 001.02, and ownership is held by Prosper Properties LLC. This is a rare chance to acquire a well-established hotel in a high-demand tourist destination.

Location Insight

City

Pigeon Forge

County

Sevier

State

Tennessee

Latitude

35.8001

Longitude

-83.5687

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].